v3.26.1
SEGMENT REPORTING - Income Before Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]        
Income Before Taxes $ 1,334 $ 659 $ 2,030 $ 1,241
Less: Depreciation and amortization 20 11 40 14
Carried interest allocations (502) 79 (403) 223
Other income and expenses 29 64 21 121
Other income, net of consolidated funds (70) (13) (81) (27)
Interest Expense, Operating 53 31 90 34
Interest expense of consolidated funds 7 6 17 16
Interest and Dividend Revenue Received (27) (34) (48) (47)
Interest and dividend revenue of consolidated funds (9) (8) (17) (15)
Other Revenues (16) (43) (156) (156)
Net income from equity method investments (199) (181) (269) (239)
Segment Earnings from equity method investments 148 112 291 211
Incentive Distribution (128) (116) (258) (233)
Segment Earnings $ 640 $ 567 $ 1,257 $ 1,143